Amarin Corp Plc - Company Profile

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Amarin Corp Plc: Segment Analysis

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Business Description

Amarin Corp Plc (Amarin) is a pharmaceutical company focused on the development and commercialization of therapeutics aimed at improving cardiovascular health and reducing cardiovascular risk. The company is in the development and commercialization of VASCEPA (icosapent ethyl), which is marketed under the brand name VAZKEPA in Europe.

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R&D Overview

Amarin has a robust research and development program focused on advancing cardiovascular health through its flagship product, VASCEPA (icosapent ethyl). The company's R&D initiatives are centered around exploring new therapeutic indications and enhancing existing ones, primarily through clinical trials and strategic collaborations. A key component of these efforts is the REDUCE-IT cardiovascular outcomes study, which has demonstrated a significant reduction in cardiovascular risk beyond cholesterol-lowering therapy in high-risk patients. Amarin has also entered into strategic collaborations, such as with Mochida Pharmaceutical Co Ltd to develop new products and indications based on eicosapentaenoic acid (EPA). Additionally, the company conducts various clinical trials to expand the therapeutic applications of VASCEPA and is actively pursuing regulatory approvals across multiple jurisdictions. In FY2025, the company spent US$19.8 million on its R&D activities, which as a percentage of revenue stood at 9.3%.

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